Fed Stands Pat, Bitcoin Holds Steady—But a December Rate Hike Is in Play
The Federal Reserve left rates unchanged Wednesday in a 10-2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack favoring a hike.
In Thailand, Bitcoin will now be regarded as property under its criminal law.
Japan Bitcoin Industry has said that it will raise over 800 million yen by selling shares. The company intends to accept payment for its shares in Bitcoin only.
October 28, 2026, 7:00 pmThree bitcoin investors have thrown down $1 million challenges to Jason Calacanis after he declared the cryptocurrency would never reclaim its record high. One offered a decade-long wager, the other just two years, but Calacanis wants a shorter contest. Adding to the stakes, Hollywood producer and bitcoin educator Terence Michael entered the fray.
October 28, 2026, 6:57 pmThe Federal Reserve left rates unchanged Wednesday in a 10-2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack favoring a hike.
Kyiv, Ukraine, 28th October 2026,…
Bitcoin experienced sharp price swings Wednesday ahead of the Federal Reserve’s interest rate decision, briefly surging to $81,687 before retreating below $80,500. The Fed ultimately held rates steady, with bitcoin rising back to $81,000 in the minutes afterwards.
Capital B's ambitious BTC accumulation strategy could reshape its financial landscape, but hinges on volatile digital credit demand.
Fed holds interest rates at 3.75% to 4% in a 10 to 2 vote as Bitcoin approaches $81,000 and policymakers warn inflation remains elevated.
Bitcoin's struggle to surpass $85K highlights the tension between long-term holder resistance and emerging support, impacting market dynamics.
TLDR Bitcoin climbed to $81,687 on Wednesday, with bid liquidity thickening around $79,000 and $80,000. South Korea’s KOSPI jumped 6.63% as tech stocks rebounded from earlier October losses. Morgan Stanley’s Mike Wilson says most of the market correction is already over.
Hedge funds' BTC ETF sell-off highlights a strategic shift towards yield optimization, impacting market sentiment and institutional dynamics.
Galaxy Research found that nine hedge funds and banks cut 68,000 BTC worth of spot ETF exposure as the cash-and-carry trade dried up, while wealth platforms and sovereign funds added.